Weak global cues, crude spike drag Nifty below 24,200
Gift Nifty is at 24,150.5, Nifty spot is 24,167.65, and Brent is at 90.68 as global markets stay weak and oil stays firm.
Why the tape looks like this
Trading - Gas leads (+5.44%), Packaged Foods lags
14 of 14 sector groups are positive — breadth backs the move.
Options pin the tape at 24,200
PCR 0.98 (call-writer edge), spot 24,167.65. PCR has moved 1.41 → 0.98 since the open.
Sensex falls over 500 points, Nifty slips below 24,200 as rising crude prices, weak global cues weigh on markets
Top-ranked story this edition · IBTimes India.
Options Board
Shift since openPCR
1.41 → 0.98
call-writer edge
Max Pain
24,200
Spot
24,167.65
Open interest by strike
as of 12:40 ISTKey Developments
Since the openSensex falls over 500 points, Nifty slips below 24,200 as rising crude prices, weak global cues weigh on markets
Sensex Drops 555 points, Nifty Loses 150 points at Open, Tracking Weak Asian, Wall Street equities; Oil Tops $90
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Still to Come
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50Educational market commentary only. Not SEBI-registered investment advice.